Was anyone else long on Bitcoin Cash before today?

People are betting really, really long. Some of the biggest BTC wallets haven't moved coins in a very long time. On guy bought 78,000 @93cents and never sold one. If you "cash out" you can crash the BTC/USD system. most people of the whales are waiting for BTC to become a mainstream currency that is accepted most anywhere, thereby avoiding the tax man and other things. They can pay for most of their things in BTC and avoid the whole government structure.

Personally, if I had thousands upon thousands of coins, I'd cash out slowly into a foreign currency, then convert the currency to whatever I needed. For the guys with 50,000+ there's no real way for them to walk away without paying the man.

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this guy is still ahead of the game though. how about the rest of you BTC pros that were very adamant about buying McLarens and retiring by now?

There's a town about 45 minutes from me, Massena, that used to have 3 big plants, a GM, Alcoa and Reynolds Aluminium. All 3 made aluminium, right on the St. Lawrence river right next to a hydro dam, got cheap power from the NY Power Authority. Alcoa bought Reynolds and shut the plant down then the GM plant closed, 5000 jobs gone, really hurt the whole area. The town, county, state everybody was / is desperate to find a use for what's left for buildings and of coarse jobs. A couple years ago a Bitcoin mining outfit convinced them all to give them a bunch of incentives to set up in one of the empty buildings and worse, got the Power Authority to allocate them a bunch of cheap power. Not sure how many jobs it created but it's looking like the government got snookered.

I asked an investor friend about the best way to short Bitcoin back in the 12k+ days. I was too scared of more irrational exuberance to act on his advise (something about shorting a fund that was linked to bitcoin but which I was not dependent on the ability actually buy/sell BTC directly).